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See how verdicts work2-bedroom flat · TQ14 8FX
For saleListed 91 days
Opportunity summary
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About
An outstanding coastal residence, beautifully finished throughout and enjoying breathtaking panoramic views across the River Teign, Teignmouth Back Beach, Shaldon and the South Devon coastline.
Offering luxurious living spaces, a stunning balcony, impressive bedroom accommodation and an outstanding finish throughout.
Grand Banks - Location Situated within the prestigious Grand Banks development in the sought-after coastal town of Teignmouth, this superb apartment enjoys an enviable position just moments from the seafront, beaches, marina and town centre amenities.
This exclusive modern development offers the benefits of secure gated underground allocated parking, well-maintained communal areas and lift access, providing both convenience and peace of mind.
Presented in immaculate condition throughout, the apartment has been lovingly maintained and is ready to move straight into.
Occupying a prime position within this highly regarded development, the property has previously operated as a successful holiday let, making it an excellent opportunity for those seeking a stylish permanent home, coastal retreat or investment with proven holiday letting potential.
Entrance Hallway A welcoming entrance hall finished with contemporary tiled flooring, providing access to all principal rooms.
Benefitting from a useful built-in storage cupboard, loft hatch, wall-mounted video entry system and underfloor heating with independent thermostatic control.
Open Plan Living / Dining Room A truly stunning living space and undoubtedly the heart of the home.
This impressive room is enhanced by a striking vaulted ceiling, creating a wonderful sense of space, whilst bi-fold doors open seamlessly onto the covered balcony, perfectly framing the spectacular coastal outlook.
There is ample room for both comfortable lounge furniture and a dining table, making this an ideal space for entertaining or simply relaxing whilst taking in the uninterrupted views across the River Teign estuary, Shaldon, the Ness and out to sea.
Recessed spotlights, underfloor heating and floor-to-ceiling glazing flood the room with natural light.
Kitchen Beautifully presented with a clean, contemporary finish, the modern fitted kitchen has been thoughtfully designed to create a bright and sociable space, finished to a high standard with Corian work surfaces and an excellent range of fitted units.
A comprehensive selection of integrated appliances includes an electric oven, convection microwave oven, induction hob with extractor over, fridge, freezer, dishwasher, washing machine and wine cooler, providing everything needed for modern day living.
The sunken sink with mixer tap and drainer is perfectly positioned beneath a window enjoying delightful views across the estuary and towards the sea, allowing natural light to flood the room and creating a wonderful backdrop to everyday life.
Feature lighting and recessed spotlights further enhance the contemporary feel, while there is ample space for a dining table, making it an ideal setting for everything from relaxed breakfasts to entertaining family and friends..
Covered Balcony A true extension of the living space, the generous covered balcony provides the perfect place to relax and unwind whilst taking in the breathtaking surroundings.
Whether enjoying a morning coffee, dining alfresco with friends or simply watching the boats drift across the estuary, this exceptional outdoor space enjoys panoramic views across the River Teign towards Shaldon, the Ness, Teignmouth's Back Beach and the beautiful South Devon coastline.
Sheltered yet wonderfully open, it can be enjoyed throughout much of the year, making the very most of this enviable waterfront setting.
Principal Bedroom A beautifully presented principal bedroom offering a calm and relaxing retreat.
The room enjoys a striking vaulted ceiling, enhancing the feeling of space and light, whilst a large window fitted with electric shutters creates a peaceful environment.
There is ample space for a king-size bed and additional bedroom furniture, with underfloor heating ensuring year-round comfort.
A contemporary sliding door leads through to the stylish en-suite shower room.
En-Suite Shower Room Finished to an exceptional standard, the en-suite comprises a spacious walk-in shower with rainfall shower and handheld attachment, floating WC and a sleek vanity wash hand basin with storage beneath.
Contemporary tiling, an illuminated mirror and a roof window combine to create a bright, modern space, perfectly complementing the principal bedroom.
Bedroom Two A further generous double bedroom, again benefitting from a vaulted ceiling, recessed lighting and external electric shutters.
A versatile space, perfectly suited as a peaceful guest retreat or a practical home office, offering flexibility to adapt to your lifestyle needs.
Bathroom Finished to an exceptional standard, this beautifully appointed contemporary bathroom offers a stylish and relaxing space.
Featuring a sleek panelled bath with dual-function shower and glazed screen, a floating WC, elegant vanity unit with integrated storage, illuminated demisting mirror, recessed tiled shelving and a Velux roof window allowing natural light to flood the room.
Communal Facilities Grand Banks offers an excellent range of residents' facilities including secure video entry, lift and stair access to all floors, a well-equipped communal gym, drying room with wall-mounted drying racks, secure bin store and a private lock-up storage cupboard.
Underground Parking The apartment benefits from a secure allocated underground parking space, accessed via electric gates, together with electric vehicle charging facilities for added convenience.
Material Information What3Words ///accompany.thrilled.chilled Tenure Leasehold Service Charge: £2249.05 pa (1st January-31st December 2026 Lease Length: Approximately 996 years remaining Holiday letting and rentals permitted Teignbridge District Council.
Tax Band C Mains: Water, electric, sewerage Heating: Air Source Heat Pump and Electric under floor heating Secure Underground Allocated Parking Space with EV charging available
Value & comps
No previous sales on record.
Returns
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We're still gathering serviced-accommodation data for this area.
Archie refurb estimate: a Pro feature
0.0% below asking
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Deal
Properties like this can earn 2–3x BTL yields when converted to HMO, with retrofit costs around £10k/room. Sign in to see the full tier, yield projection, and cost breakdown.
Commercial properties like this can earn 30-50% higher yields when converted to residential under Class MA / Q / P / PA, with prior approval costing ~GBP 96/unit. Sign in to see the recommended route, yield uplift, and cost breakdown.
BRRR-suited properties can recycle 80-100% of investor capital on refi, leaving a high-yielding rental with most of the money out. Sign in to see the refurb cost stack, ARV projection, and refinance maths.
Detached + large garden = sub-division play. Pro tier unlocks the tier badge, plot size, uplift estimate, and regional land benchmark.
Short-lease flats trade at deep discount, but extending under the 1993 Act often costs far less than the discount. Pro tier unlocks the tier badge, premium breakdown, long-lease ARV and arbitrage maths.
See projected short-stay revenue vs a vanilla BTL for this property.
See real sub-let margins (HMO room rates & SA nightly rates) vs the landlord rent.
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FAQ
About Flat 20, Grand Banks,, Clay Lane, Devon
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